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Bank of England

UK wage growth deceleration: BoE faces dilemma amid persistent inflationary pressures

The pace of wage growth for UK workers eased in the three months leading up to the end of May but remained at levels...

UK wage growth slows but remains high for Bank of England to curb inflation

In the three months to April, regular pay had risen by an annual 6.0 per cent and total earnings were up by 5.9 per...

Wages growth slows and jobs market cools – what it means for your money

WAGE growth has fallen back amid increasing signs of a cooling jobs market, according to official figures.Growth in regular pay, excluding bonuses, was 5.7%...

Why Britain’s inflation battle is far from over

Services inflation is a key indicator of underlying pressures in the economy...

UK inflation holds at 2% but underlying price pressures stay strong – Times of India

British inflation held at 2.0 per cent last month, defying forecasts for a slight fall, and underlying price pressures persisted, maintaining uncertainty about the...

UK inflation stays at 2% target in June, leaving rate cut on a ‘knife edge’

Inflation in the U.K. held steady at the Bank of England's target rate of 2% in the year to June, official figures...

Nato summit, mending EU relations among first tasks for new UK PM Starmer

Starmer is set to make a high-profile international debut next week, when he is expected to attend Nato's 75th-anniversary summit in Washington. (Photo: Reuters)5...

UK economic recovery was faster than first estimated in early 2024

The UK economy grew at a faster pace than initially estimated, in the first three months...

French election poses threat to Britain’s economy, Bank of England warns

The Bank’s Financial Policy Committee, headed by Andrew Bailey, the Governor, particularly...

Despite 20% lesser jobs on offer, starting pay in UK up 6.5% on year in May

A large number of people who have dropped out of Britain's job market. (Photo: Bloomberg)2 min read Last Updated : Jun 27 2024...

British business owners see high interest rates as a threat

More than half of British business owners see high interest rates as a threat to their business, new research has found.New research from Charles...

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